Ekiti Will Return To Top Three In Ease Of Doing Business

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Ekiti State Governor, Kayode Fayemi, has said that his administration
has put in place policies and legislations that would ensure that the
state becomes one of the top three states in ease of doing business in
the country.

Fayemi said the state was rated number four in ease
of doing business in 2014 when he left office, but slid to the 32nd
position thereafter, Igbere TV reports.

Igbere TV reports that
the governor said this while presenting “Investing in Ekiti: Facts
Behind the State Economy” at the Nigerian Stock Exchange (NSE) in Lagos
on Friday.

He urged investors to invest in the state and take advantage of the business-friendly environment.

Fayemi,
who was received at the Stock Exchange by the Director-General of NSE,
Oscar Onyema, and the President, Abimbola Ogunbanjo, also rang the bell
signifying the close of transaction for the day.

Speaking at a
session with investors and stock brokers, Fayemi said the efforts of his
government had started yielding positive results with the return of
development partners to the state as well as the resuscitation of some
moribund businesses like the Gossy Water and the return of three banks
that had left the state previously.

He disclosed that the state
government was equally working hard to provide adequate security of
lives and investment in the state.

Fayemi said: “Ekiti was fourth
in the ease of doing business during my first tenure until it dropped
to 32nd position. We are starting to regain the confidence of investors
by reactivating those laws which we put in place in my first
administration to create an enabling environment for investment to
thrive.

“We have renewed our focus on peace and security which is
the foundation of any economic development; and started investing in
developing the infrastructure required to make Ekiti State a competitive
destination for business.

“We have also passed the Law
establishing the Ekiti State Development and Investment Promotion Agency
(EKDIPA). Once the agency commences full operations, it will drive our
Ease of Doing Business reforms and provide investors with a one-stop
shop to deal with investment related matters.

“The steps we have
taken since we assumed office is to work in collaboration with
neighbouring states because those things just cut across, particularly
as it affects kidnapping and banditry to make the highways safe.”

Mr
Onyema had said that the NSE had examined and noted an improvement in
the GDP of the state; with a 63% economic growth which were necessitated
by the projects executed by Fayemi between 2011 and 2014.

Onyema
who described Fayemi as a reform-minded leader, commended him for his
commitment to providing durable infrastructure and employment
opportunities for the State.

He said the governor had created a
roadmap for other political leaders to follow in their quest to deliver
the goods to the people.


{Naijafinix.com}

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